Global Macro, Economics, and Monetary Policy by Frederik Ducrozet

Frederik Ducrozet is Head of Macroeconomic Research at Pictet Wealth Management, where his work guides portfolio allocation for high-net-worth and institutional clients. Prior to joining Pictet in 2019, he served as a strategist at Banque Pictet and Crédit Agricole, focusing on euro area policy and financial markets. Ducrozet’s commentary on ECB policy, inflation trends, and digital assets regularly appears in Financial Times, Bloomberg, and Reuters, with readership spanning tens of thousands. His professional insights are shared with more than 150,000 Twitter followers, many of whom are asset managers and policymakers.

Ducrozet contributes to academic forums such as the ECB Shadow Council and frequently lectures at industry events with audiences exceeding 500 participants. Annual compensation, combining base salary, research incentives, and honoraria, is estimated in the upper six-figure euro range. His recent reports discuss the growing role of CBDCs and stablecoins in the monetary system, highlighting policy challenges and market opportunities. With a strong international presence, Ducrozet is widely regarded as one of Europe’s most reliable macro strategists bridging central banking and digital finance.

  • Ivan Andriyenko
  • 02.06.2026
Frederik Ducrozet: Weak inflation data raises concern for ECB outlook
Frederik Ducrozet highlights a significant setback for the European Central Bank due to an unexpectedly bad inflation report. Services inflation rose by 50 basis points, sharply exceeding both ...
  • Yulia Slavina
  • 21.05.2026
French output and employment sharply decline, Frederik Ducrozet warns
Frederik Ducrozet reports that French PMIs have experienced one of the largest decreases in output and employment outside of the covid period and the sovereign debt crisis. He also observes that ...
  • Andreas Kristo
  • 20.05.2026
Frederik Ducrozet: War shifts focus from BoE rate cut debate
Frederik Ducrozet suggests that, if not for the ongoing war, discussions would be centered on how many interest rate cuts the Bank of England might implement in the coming months. Ducrozet points ...
  • Parshwa Turakhiya
  • 07.05.2026
Norges Bank is third to hike among G10 central banks, Frederik Ducrozet notes
Frederik Ducrozet, industry influencer, highlights that Norges Bank has become the third central bank among the G10 nations to raise interest rates during the current monetary tightening cycle. ...
  • Anastasiia Chabaniuk
  • 30.04.2026
Frederik Ducrozet: April core HICP print was weak on seasonally adjusted basis
Frederik Ducrozet, industry influencer, observed that April core HICP was not a strong result when viewed on a seasonally adjusted basis. His commentary points to concerns about the underlying ...
  • Artem Shendetskii
  • 27.04.2026
Selling price expectations rise but long-term inflation seen stable, EU Analyst notes
EU Analyst, industry influencer, highlights that the European Central Bank’s Survey on the Access to Finance of Enterprises (SAFE) reveals an increase in selling price expectations over the next ...
  • Dmytro Kharkov
  • 23.04.2026
Frederik Ducrozet: Euro area PMIs show mixed effects from energy prices
Mixed signals emerged from euro area PMI data regarding the impact of energy prices, according to Frederik Ducrozet. While industrial supply chains are experiencing significant shocks that are ...
  • Iryna Sazhynska
  • 30.03.2026
Sharp jump in consumer inflation expectations in Europe, Frederik Ducrozet notes
European consumer inflation expectations have increased significantly, according to commentary from Frederik Ducrozet. While households are bracing for higher price pressures, companies appear to ...
  • Andreas Kristo
  • 27.03.2026
Frederik Ducrozet: Consumer inflation expectations declined before Middle East war in February
Consumer inflation expectations in the euro area decreased in February, according to Frederik Ducrozet. However, he underscores that this outcome is based on data collected mostly before the start ...
  • Yulia Slavina
  • 19.03.2026
ECB projections lift 2026 inflation to 2.6 percent and trim GDP outlook, Frederik Ducrozet reveals
European Central Bank staff have used a later cut-off date than usual in their latest projections, according to Frederik Ducrozet. Headline inflation is now forecasted at 2.6 percent for 2026, ...
  • Andrey Mastykin
  • 17.03.2026
Frederik Ducrozet: RBA raises rates to 4.10 percent
The Reserve Bank of Australia (RBA) raised its benchmark interest rate to 4.10 percent, marking the highest rate among developed market central banks. Tweet author Frederik Ducrozet highlights ...
  • Ashutosh Sureka
  • 08.01.2026
Italian unemployment rate drops to record 5.7% in November
Frederik Ducrozet has highlighted a major economic development in Italy. The country's unemployment rate has dropped to its lowest level on record, reaching 5.7% in November. This decrease in ...
  • Parshwa Turakhiya
  • 29.10.2025
Frederik Ducrozet: Bank of Canada cuts rates but signals easing cycle end
The Bank of Canada recently cut its interest rates, indicating a significant policy shift. However, it has also suggested an end to its easing cycle, conditional on developments in trade. ...
  • Oleg Tkachenko
  • 26.08.2025
Frederik Ducrozet anticipates France rating reviews post-vote
Frederik Ducrozet, a prominent economist, has highlighted the timing of France's upcoming credit rating reviews. This comes shortly after the confidence vote scheduled for 8 September. The ...
  • Anastasiia Chabaniuk
  • 22.08.2025
Frederik Ducrozet calls for cutting interest rates and reducing rhetoric
Frederik Ducrozet, a prominent economist, recently expressed his straightforward stance on fiscal policy via social media. His comments highlight the urgency of reducing interest rates alongside ...